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The mining industry in India is a major economic activity which contributes significantly to the economy of India.The gross domestic product (GDP) contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector, it contributes around 10% to 11%.
With a market share of 50%, it is the largest producer of manganese ore in India. [2] MOIL operates 11 mines in adjoining districts of Maharashtra and Madhya Pradesh . It has been ranked #486 among the 500 top companies in India and 9th in the Mines and Metals Sector of the Fortune India 500 list for 2011.
This lists of mines in India is subsidiary to the list of mines article, and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marbles and other quarries may be included in this list. In India, the underground mine to surface mine ratio is 20:80 [citation needed].
As of March 2016, the net worth of Orissa Minerals Development Company Limited is ₹ 834.91 crore (US$100 million). [4] It ranks #6 in the Top 10 Loss Making CPSEs for 2018–19 with a net loss of ₹ 452 crore (US$54 million), as per the list released by the Public Enterprises Survey, Ministry of Heavy Industries and Public Enterprises .
On the other hand, Central government regulates the development of minerals under the Mines and Minerals (Regulation) Act of 1957. The MMTC has its origins in the 1950s, when the Indian government , with the interest of boosting agricultural and industrial development, determined to earn valuable foreign currency through the export of canalized ...
The adjacent area of Chavara is blessed with one of the best mineral sand deposits in the country – the renowned “Q” Grade minerals. The Chavara mines contain as high as 40% heavy minerals extending over a stretch of 23 km in the coastal belt of Neendakara and Kayamkulam, The deposits is quite rich with ilmenite, rutile, zircon ...
NMDC Ltd. has taken over a silica sand mining and beneficiation project from Uttar Pradesh State Mineral Development Corporation Ltd. The plant is designed to produce beneficiated high purity silica sand to a capacity of 300,000 tonnes per year as the raw material for production of float/sheet glass.
SCCL is currently operating 40 mines where 18 opencast and 22 underground mines in 6 districts of Telangana (restwhile 4 districts of AP) with a manpower around 39,856 as of November 2023. SCCL is contributing 9.2% in the all India Domestic Production. Since inception (1889) 1.36 BT of Coal is extracted by SCCL and it has proved reserves of 10. ...